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Park City Landmark Hotel
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543 Park Ave, Park City, UT 84060

Historic Park City schoolhouse transformed into a luxury boutique hotel.

Property Size11,763 SF
Price / SF$2,104
Days on Market742

Property Features for 543 Park Ave

General Information

Standard status Active
Size 11,763 SF
Property subtype Hospitality
Investment Type Value Add

Building Details

Year Built 1889
Year Renovated 2010
Buildings 1
Stories 4
Listing Agency: Windermere Commercial Real Estate
Listed By: Jessie Lanning · License #8523791-SA00
Source: Crexi
Added: Aug 13, 2024 Changed: Aug 19 Last Checked: Aug 21 at 11:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Commercial Real Estate

Investment Insights

Based on property information with market context.

The Washington School House, originally constructed in 1889 as one of the original schoolhouses in Park City, offers a unique opportunity as a prestigious hotel or an exquisite single-family residence. The building served as a vibrant dance hall into the 1950s and was reimagined in 1984 into a quaint bed and breakfast. In 2010, the property underwent an interior remodel, elevating it into a stunning masterpiece. This historic, renovated building stands as a world-renowned boutique hotel. The property features twelve meticulously appointed rooms adorned with antique furnishings, original artworks, and bespoke amenities. The grand living room features a monumental white fireplace crowned by an antique gold-framed mirror. An inviting swimming pool and spa provide a tranquil haven for relaxation. Situated on Park Avenue, the property is steps from the vibrant Main Street of Old Town. The 11,763 square foot property is not technically ski-in/ski-out, but is a quick 150 steps from the Quittin' Time trail.

Key Highlights

  • Historic Landmark: Originally constructed in 1889 as one of Park City's original schoolhouses.
  • Prime Location: Situated on Park Avenue, steps from Main Street in Old Town and close to the Quittin' Time ski trail.
  • Versatile Opportunity: Suitable as either a prestigious boutique hotel or an exquisite single‑family residence.

Property Analytics

Current Use

Washington School House ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Pharmacy Veterinary Clinic Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,232
Businesses Nearby

Demographics for 84060, UT

8,621
Population
9,160
Households
0.9
Avg Household Size
44
Median Age
65%
College-Educated
95%
High-School Grad
43.8 sq mi
ZIP Area
197
Density / Sq Mi
$132,412
Median Household Income
$50,494
Median Earnings
$1,900
Median Rent
$1,753,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Historic Park City schoolhouse transformed into a luxury boutique hotel.
Where is this hotel located?
The property is located at 543 Park Ave Park City, UT.
What is the asking price?
The asking price for this property is $24,750,000.
What are key features of this property?
This property features: Historic Landmark: Originally constructed in 1889 as one of Park City's original schoolhouses.; Prime Location: Situated on Park Avenue, steps from Main Street in Old Town and close to the Quittin' Time ski trail.; Versatile Opportunity: Suitable as either a prestigious boutique hotel or an exquisite single‑family residence.
(858) 952-4742 Call to check price and availability
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